Heads I win, tails I don’t lose much.

Mistakes are the best teachers. One does not learn from success. It is desirable to learn vicariously from other people's failures, but it gets much more firmly seared in when they are your own.

You don’t make money when you buy stocks. And you don’t make money when you sell stocks. You make money by waiting.

The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand.

The good news in investing is there are no HR problems. If there are no humans, there are no problems!

Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.

People see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that poverty is driven by lack of education.

There is no such thing as a value trap. There are investing mistakes.

I have a hard time getting past the day without the nap, so the nap is a must.

The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue.

The single biggest advantage a value investor has is not IQ. It's patience and waiting. Waiting for the right pitch, and waiting for many years for the right pitch.

Before you begin scrambling up the ladder of success, make sure that it is leaning against the right building.

Do not trust a teacher that is unwilling to learn.

If your life itself is not a message then no matter what you preach, your preaching will become a hypocrisy.

Adopting the language of a pretense only serves to ease participation in it.

Let a man in a garret burn with enough intensity and he will set fire to the world.

Evil must be attacked by. . . the day to day assault of the battering rams of justice.

What the internet has done is destroy film criticism. I would never have guessed that the profession of film criticism would be going the way of the dodo bird.

Children should be allowed to be children and not be sold.

I think I may well be a Jew.

Without elegance of the heart, there is no elegance.